The announcement April 30, 2018 that Pitney Bowes is selling its production mail unit surprised business mailers who rely on PB technology in their high-volume mail operations. Pitney Bowes DMT is the backbone of many leading financial services, universities, direct mail, and other operations that generate billions of mail pieces a year.
What impact will the sale have on customers? None, according to Grant Miller, President of Pitney Bowes Document Messaging Technologies (DMT).
“There will be no disruption for clients. DMT will continue to maintain a strategic relationship with Pitney Bowes to ensure clients have access to the latest solutions, supplies and service they need to optimize their operations,” Miller said.
“Our people, processes, technology and expertise will remain the foundation of the new DMT and we will continue to deliver the best solutions and client value in the industry. The new DMT will be better, stronger and faster than ever before.”
Miller sees a bright future with DMT as a private company.
“This is very exciting news for Pitney Bowes, DMT and our clients. As a privately held, independent company, DMT will have the flexibility and capital to adjust quickly to market changes, boost R&D efforts, and build on its industry-leading product portfolio,” he said.
The announcement comes at an upbeat moment for DMT as its sales grew nearly double-digits in the first quarter of 2018 versus prior year largely due to higher inserter and printer placements. It reported quarterly revenue of $97 million versus $89 million a year ago. Click for PB First Quarter 2018 Financial Results
Over the last few decades Pitney Bowes has built DMT through its own innovation and through acquisition of industry vendors, including MailCode, Alysis Technologies, Bell and Howell International, Group 1 Software, Firstlogic, and Sure-Feed.
Included in the transaction is the enterprise mail, print and data management software (output management, ADF and other DMT software) that integrates data with print streams to optimize document output for high-volume production mailers, including tracking, control and postage accounting.
Production inserting systems include: Epic™ inserting solution; Mailstream Productivity Series; Mailstream Direct inserting system; Mailstream Evolution™ inserting system; Rival™ Productivity Series inserting system; DI™2000 inserting system; Pulse™ inserting solution; FlowMaster® RS Flex; and Mailstream Wrapper™ Productivity System.
Mail printing systems include AcceleJet® printing and finishing system; IntelliJet® print solutions; and RISO ComColor® GD Inkjet Printers.
Sorting systems include the Vantage™ sorting solution; the VariSort™ mixed mail sorter; and EZ-Flats™ sorting solutions.
“DMT will continue to deliver industry-leading inserting, sorting (mail and parcel), print, output management, ADF and software solutions backed by world-class service,” Miller said.